Cubist Systematic Strategies LLC Acquires 274,982 Shares of US Foods Holding Corp. (NYSE:USFD)

Cubist Systematic Strategies LLC lifted its stake in shares of US Foods Holding Corp. (NYSE:USFD - Free Report) by 2,200.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 287,480 shares of the company's stock after acquiring an additional 274,982 shares during the quarter. Cubist Systematic Strategies LLC owned approximately 0.12% of US Foods worth $19,393,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers grew its stake in US Foods by 84.6% during the 4th quarter. Cetera Investment Advisers now owns 24,062 shares of the company's stock worth $1,623,000 after buying an additional 11,024 shares during the last quarter. Brevan Howard Capital Management LP purchased a new position in US Foods in the 4th quarter worth $4,547,000. Capstone Investment Advisors LLC increased its holdings in US Foods by 45.2% in the 4th quarter. Capstone Investment Advisors LLC now owns 6,027 shares of the company's stock worth $407,000 after buying an additional 1,877 shares during the period. Captrust Financial Advisors lifted its holdings in shares of US Foods by 69.4% in the 4th quarter. Captrust Financial Advisors now owns 16,603 shares of the company's stock valued at $1,120,000 after buying an additional 6,804 shares during the period. Finally, BW Gestao de Investimentos Ltda. purchased a new stake in US Foods during the fourth quarter worth $3,076,000. Hedge funds and other institutional investors own 98.76% of the company's stock.

Insiders Place Their Bets

In other US Foods news, Director David W. Bullock purchased 4,000 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was bought at an average price of $71.06 per share, with a total value of $284,240.00. Following the completion of the purchase, the director now directly owns 4,500 shares of the company's stock, valued at $319,770. The trade was a 800.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.60% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. UBS Group upped their target price on US Foods from $77.00 to $83.00 and gave the company a "buy" rating in a report on Friday, February 14th. Piper Sandler raised their price objective on US Foods from $75.00 to $77.00 and gave the stock an "overweight" rating in a report on Tuesday, February 18th. Guggenheim reaffirmed a "buy" rating and set a $80.00 price objective on shares of US Foods in a report on Monday, April 14th. StockNews.com lowered US Foods from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Finally, Barclays raised their target price on US Foods from $82.00 to $85.00 and gave the company an "overweight" rating in a report on Friday, February 14th. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $71.83.

US Foods Stock Performance

NYSE USFD opened at $68.38 on Tuesday. The company has a market capitalization of $15.76 billion, a PE ratio of 33.85, a price-to-earnings-growth ratio of 1.03 and a beta of 1.35. The company has a 50-day simple moving average of $64.94 and a 200 day simple moving average of $66.92. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.71 and a current ratio of 1.21. US Foods Holding Corp. has a 52-week low of $50.05 and a 52-week high of $73.19.

US Foods (NYSE:USFD - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.78 EPS for the quarter, missing analysts' consensus estimates of $0.79 by ($0.01). The company had revenue of $9.49 billion during the quarter, compared to the consensus estimate of $9.47 billion. US Foods had a return on equity of 15.03% and a net margin of 1.30%. On average, research analysts predict that US Foods Holding Corp. will post 3.59 EPS for the current year.

About US Foods

US Foods Holding Corp., together with its subsidiaries, engages in marketing, sale, and distribution of fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities, and retail locations.

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